Slide 1: 1Q FY2026 Consolidated Financial Results
1Q FY2026 Consolidated Financial Results Tera Probe, Inc. Stock code: 6627 Copyright©2026 Tera Probe, Inc. All Rights Reserved.
Slide 2: 1Q FY2026 Financial Information
1Q FY2026 Financial Information As a general rule, percent change is indicated as "-" in this document when it exceeds 1,000% or when one or both of the figures used for calculation are negative. Copyright©2026 Tera Probe, Inc. All Rights Reserved.
Slide 3: Consolidated Financial Summary (QoQ)
Consolidated Financial Summary (QoQ) ◼ Steady growth of server and AI-related products, increase in certain consumer products, and continued strong demand for EV logic devices (Unit : ¥ billions) FY2025 FY2026 QoQ 1Q 2Q 3Q 4Q 1Q Change % Net sales 9.25 9.77 10.80 11.93 12.72 0.79 7% Gross profit 2.4
Slide 4: Analysis of Consolidated Operating Income (QoQ)
Analysis of Consolidated Operating Income (QoQ) ◼ Higher depreciation from upfront investments to meet growing demand for server and AI-related products, offset by net sales growth (Unit : ¥ billions) Net sales : Increase Steady growth of server and AI-related products, increase in certain consumer
Slide 5: Difference between 1Q forecast and actual results
Difference between 1Q forecast and actual results ◼ Increase in demand for certain consumer products (for digital applications) (Unit : ¥ billions) 1Q FY2026 Forecast Result Change % Net sales 12.10 12.72 0.62 5% Operating income 2.70 3.21 0.51 19% % Margin 22.3% 25.2% 2.9pt ー Ordinary income 2.55 3
Slide 6: Consolidated Financial Summary (YoY)
Consolidated Financial Summary (YoY) ◼ 38% increase in net sales driven by solid demand for EV logic devices and server and AI-related products (Unit : ¥ billions) FY2025 FY2026 YoY 3 months 3 months Change % Net sales 9.25 12.72 3.47 38% Gross profit 2.40 4.01 1.61 67% % Margin 26.0% 31.5% 5.5pt ー
Slide 7: Analysis of Consolidated Operating Income (YoY)
Analysis of Consolidated Operating Income (YoY) ◼ Absorption of increased costs through net sales growth ◼ Labor costs contained through automation and other measures (Unit : ¥ billions) Net sales : Increase Continued solid demand for EV logic devices and server and AI- related products Depreciation
Slide 8: Quarterly Net Sales and Operating Income
Quarterly Net Sales and Operating Income ◼ Record-high net sales and operating income, with operating margin remaining at a high level of 25% (Unit : ¥ billions) Copyright© 2026 Tera Probe, Inc. All Rights Reserved. 8
Slide 9: Quarterly Net Sales by Products
Quarterly Net Sales by Products ◼ Logic : +35% YoY (JPY 3.1bn), driven by EV and server/AI demand ◼ Memory : +70% YoY (JPY 0.4bn) (Unit : ¥ billions) TPJ 57％ TPW 39％ Logic Memory * TPJ：TeraProbe TPW=TeraPower Technology Inc. Copyright© 2026 Tera Probe, Inc. All Rights Reserved. 9
Slide 10: Quarterly Net Sales by Application (Trends by quarter)
Quarterly Net Sales by Application (Trends by quarter) (Unit : ¥ billions) Copyright© 2026 Tera Probe, Inc. All Rights Reserved. 10
Slide 11: Consolidated Balance Sheet and Cash Flow
Consolidated Balance Sheet and Cash Flow ◼ Increases in tangible fixed assets (+18%) and borrowings (+28%) from higher capex ◼ Solid operating cash flow (Unit : ¥ billions) FY2025 FY2026 QoQ YoY As of As of As of As of As of Change % Change % Mar. 31 Jun. 30 Sep. 30 Dec. 31 Mar. 31 Total asssets 71.
Slide 12: Capital Expenditure and Depreciation
Capital Expenditure and Depreciation ◼ Acquisition of land and buildings for a new TPW plant; advanced tester investments to secure production capacity CAPEX (Unit : ¥ billions) Depreciation (Unit : ¥ billions) New TPW plant Approx. JPY 8.6bn Copyright© 2026 Tera Probe, Inc. All Rights Reserved. 12
Slide 13: 2Q and 3Q FY2026 Consolidated Earnings Forecast
2Q and 3Q FY2026 Consolidated Earnings Forecast Copyright©2026 Tera Probe, Inc. All Rights Reserved.
Slide 14: Consolidated Earnings Forecast (2Q,3Q FY2026)
Consolidated Earnings Forecast (2Q,3Q FY2026) (Unit : ¥ billions) FY2025 FY2026 QoQ FY2026 QoQ FY2026 YoY 1Q 2Q 3Q 9months 1Q 2Q Change % 3Q Change % 9months Change % Net sales 9.25 9.77 10.80 29.82 12.72 13.58 0.86 7% 14.50 0.92 7% 40.80 10.98 37% Operating income 1.75 1.97 2.24 5.96 3.21 3.39 0.18
Slide 15: Capital Expenditure and Depreciation Forecast (2Q,3Q FY2026)
Capital Expenditure and Depreciation Forecast (2Q,3Q FY2026) ◼ Continuing to expand production capacity to capture AI-related demand CAPEX (Unit : ¥ billions) Depreciation (Unit : ¥ billions) Copyright© 2026 Tera Probe, Inc. All Rights Reserved. 15
Slide 16: Appendix
Appendix Copyright©2026 Tera Probe, Inc. All Rights Reserved.
Slide 17: Corporate Overview
Corporate Overview Name Tera Probe, Inc. Head office Shin-Yokohama, Kohoku-ku, Yokohama City, Kanagawa Locations Kyushu Operation Center (Kumamoto Japan) TeraPower Technology Inc. (Subsidiary/Taiwan) Representative President & Representative Executive Officer : Tsuyoshi Yokoyama Establishment August
Slide 18: History
History Aug. 2005 TPJ established by spinning off the test business of Elpida Memory. Oct. 2005 Opened Hiroshima Operation Center. Started testing business on Memory products. Sep. 2006 Opened Kyushu Operation Center. Started testing business on Logic products. Aug. 2008 Established TPW in Taiwan as
Slide 19: Our Business
Our Business Our business are both wafer testing and final testing Design Wafer Fabrication Front-end Process Semiconductor wafers are verified against designed functionality with Wafer Test an electrical signal to check whether good or bad die. Wafer test is performed under the conditions such as l
Slide 20: Quarterly Net Sales by Application (Trends from FY2022)
Quarterly Net Sales by Application (Trends from FY2022) (Unit : ¥ billions) Copyright© 2026 Tera Probe, Inc. All Rights Reserved. 20
Slide 21: Consolidated Net Sales Ratio by Customers’ Region
Consolidated Net Sales Ratio by Customers’ Region Tera Probe TeraPower Copyright© 2026 Tera Probe, Inc. All Rights Reserved. 21
Slide 22: Consolidated Financial Summary (In millions of yen)
Consolidated Financial Summary (In millions of yen) (Unit : ¥ millions) FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 Net sales 17,961 21,740 16,908 18,340 25,942 33,212 35,404 37,109 41,746 Gross profit 3,710 4,006 1,602 2,078 6,168 9,379 9,682 9,601 11,777 Operating income 1,878 1
Slide 23: Disclaimer
Disclaimer This document has been prepared for the purpose of providing investors with an understanding of the current situation of Tera Probe, Inc. Some parts of this document contain information that is not subject to audit or review by the auditors. These materials were prepared based on economic